The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (24 - 25) Manufacture of metals 25 - Manufacture of fabricated metal products, except machinery and equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
55 jobs Number of planned job losses
Announcement Date
17 July 2026
Employment effect (start)
17 July 2026
Foreseen end date
Description
ROQ, a ROQ Group company based in Vila Nova de Famalicão and operating in the metalworking sector, has initiated a collective redundancy process affecting 55 employees, representing a reduction of approximately 11% of its workforce.
The decision is mainly due to a significant decline in orders and increased competition from Asia, with manufacturers in Asian countries offering lower prices and gaining a larger share of the international market.
According to management, the measure is part of a restructuring process aimed at adjusting the size of the business to the current decline in demand and controlling costs, with a view to ensuring the company’s financial sustainability and continued operations over the medium to long term.
Citation
Eurofound (2026), ROQ, Internal restructuring in Portugal, factsheet number 300886, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300886.